Loading…

The 2024 U.S. sorghum harvest is complete, with national yields improving over the previous two years despite drought. USDA cut yield expectations mid-summer before raising them in early fall as harvest data came in.
Chinch bug infestations were locally destructive in south-central Kansas, especially in double-cropped fields.
Better-than-feared final yields add to sorghum supply, which is mildly bearish for sorghum prices, though localized pest losses were limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.